Teachers Retirement System of The State of Kentucky held its position in shares of Calgon Carbon Corporation (NYSE:CCC) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,700 shares of the industrial products company’s stock at the end of the first quarter. Teachers Retirement System of The State of Kentucky’s holdings in Calgon Carbon Corporation were worth $229,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in CCC. BNP Paribas Arbitrage SA increased its position in shares of Calgon Carbon Corporation by 0.4% in the first quarter. BNP Paribas Arbitrage SA now owns 11,390 shares of the industrial products company’s stock worth $166,000 after buying an additional 51 shares during the last quarter. Louisiana State Employees Retirement System increased its position in shares of Calgon Carbon Corporation by 1.0% in the first quarter. Louisiana State Employees Retirement System now owns 20,600 shares of the industrial products company’s stock worth $301,000 after buying an additional 200 shares during the last quarter. Arizona State Retirement System increased its position in shares of Calgon Carbon Corporation by 1.2% in the first quarter. Arizona State Retirement System now owns 26,339 shares of the industrial products company’s stock worth $385,000 after buying an additional 300 shares during the last quarter. Sei Investments Co. increased its position in shares of Calgon Carbon Corporation by 4.3% in the first quarter. Sei Investments Co. now owns 13,610 shares of the industrial products company’s stock worth $199,000 after buying an additional 566 shares during the last quarter. Finally, BlueCrest Capital Management Ltd increased its position in shares of Calgon Carbon Corporation by 5.7% in the first quarter. BlueCrest Capital Management Ltd now owns 10,621 shares of the industrial products company’s stock worth $155,000 after buying an additional 571 shares during the last quarter. Hedge funds and other institutional investors own 81.41% of the company’s stock.

Calgon Carbon Corporation (NYSE:CCC) traded up 3.33% during trading on Friday, reaching $13.95. The company had a trading volume of 579,116 shares. The firm has a market capitalization of $708.58 million, a PE ratio of 100.36 and a beta of 1.09. The firm’s 50 day moving average price is $15.50 and its 200 day moving average price is $14.79. Calgon Carbon Corporation has a 12-month low of $13.10 and a 12-month high of $18.80.

Calgon Carbon Corporation (NYSE:CCC) last issued its quarterly earnings results on Friday, August 4th. The industrial products company reported $0.14 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.14. The business had revenue of $153 million for the quarter, compared to analysts’ expectations of $151.18 million. Calgon Carbon Corporation had a net margin of 1.27% and a return on equity of 5.46%. The company’s revenue was up 15.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.15 EPS. Equities research analysts forecast that Calgon Carbon Corporation will post $0.52 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Tuesday, September 5th will be paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Thursday, August 31st. Calgon Carbon Corporation’s dividend payout ratio is presently 133.33%.

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CCC has been the topic of a number of research analyst reports. Sidoti reiterated a “buy” rating and issued a $20.00 price objective (up previously from $18.00) on shares of Calgon Carbon Corporation in a research note on Wednesday, July 12th. Janney Montgomery Scott downgraded Calgon Carbon Corporation from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $18.00 to $16.00 in a research note on Thursday, July 13th. BidaskClub downgraded Calgon Carbon Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Zacks Investment Research downgraded Calgon Carbon Corporation from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. Finally, ValuEngine upgraded Calgon Carbon Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, June 3rd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. Calgon Carbon Corporation has a consensus rating of “Hold” and a consensus price target of $18.20.

In other news, Director J Rich Alexander sold 5,251 shares of Calgon Carbon Corporation stock in a transaction on Tuesday, May 30th. The shares were sold at an average price of $14.25, for a total transaction of $74,826.75. Following the transaction, the director now owns 24,183 shares in the company, valued at approximately $344,607.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.32% of the company’s stock.

Calgon Carbon Corporation Company Profile

Calgon Carbon Corporation is a manufacturer of activated carbon, with capabilities in ultraviolet (UV) light disinfection. The Company provides purification solutions for drinking water, wastewater, pollution abatement, and a range of industrial and commercial manufacturing processes. The Company operates through four segments: Activated Carbon and Service, Equipment, Consumer and Other.

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Institutional Ownership by Quarter for Calgon Carbon Corporation (NYSE:CCC)

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